Has the company deviated from the standard medium- or long-term time horizons defined by ESRS 1? If so, specify your definitions and the reasons for applying them.
CSRD
Clearly define what constitutes medium-term and long-term time horizons for your company. Specify the exact durations (e.g., 3-5 years for medium-term, 10+ years for long-term) and ensure consistency across disclosures.
If different definitions are applied across business units, risk assessments, or sustainability strategies, explain why (e.g., regulatory requirements, industry standards, internal strategic planning). Provide concrete justifications to enhance transparency.
https://xbrl.efrag.org/e-esrs/esrs-set1-2023.html#4126
Also in
BP-2 - Disclosures in relation to specific circumstances
- If metrics include upstream and/or downstream value chain data estimated using indirect sources (e.g., sector averages or proxies), identify the metrics, describe the preparation basis, accuracy level, and any planned improvements.
- Identify any disclosed quantitative metrics or monetary amounts subject to high measurement uncertainty, specifying the sources of uncertainty and the assumptions, approximations, or judgments applied.
- If disclosing forward-looking information, indicate whether it is considered uncertain.
- If sustainability information preparation or presentation has changed from previous reporting periods, explain the changes, their reasons, disclose revised comparative figures (if possible), and indicate differences from prior figures.
- If material prior period errors are identified, disclose the nature of the error, corrections made (if practicable), or explain why correction is not possible.
- If the sustainability statement includes information from other legislation or reporting standards beyond ESRS, disclose this and specify any partial application with precise references.
- If incorporating information by reference, provide a list of the ESRS disclosure requirements or specific datapoints referenced.